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Section 9 IBC Admission Upheld as Pre-Existing Dispute Not Proven: NCLAT Delhi
Case Law Details
- Case Name
- Raakesh B Kulwal Vs Param Dairy Limited (NCLAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLAT
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Raakesh B Kulwal Vs Param Dairy Limited (NCLAT Delhi)
The appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC) challenged the order dated 4 July 2025 of the National Company Law Tribunal, Jaipur Bench, admitting an application under Section 9 filed by the Operational Creditor and initiating the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor.
The Corporate Debtor, engaged in the manufacture and trading of butter and ghee, had business dealings with the Operational Creditor, which supplied butter and ghee under confirmed orders. ...
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